Twitter CEO appoints billionaire entrepreneur Elon Musk to board April 5, 2022 Twitter’s new CEO Parag Agrawal has appointed Elon Musk to the board, after the billionaire tech entrepreneur was revealed as the platform’s largest shareholder yesterday. Based on Friday’s market close, Musk’s 9.2 per cent stake is worth some $2.89bn (£2.2bn), though just a fraction of his net worth of $233bn (£178bn). “He’s both a passionate [...]
Surging shares: Elon Musk revealed as Twitter’s largest stakeholder April 4, 2022 Elon Musk, the eccentric billionaire behind Tesla and SpaceX, has snapped up a 9.2 per cent in Twitter – which has sent its shares flying. The tech entrepreneur is reportedly now the largest shareholder in the social media platform, considered one of the world’s most popular. Twitter shares have surged around 26 per cent in [...]
Elon Musk loses bid to lift screening of tweets about Tesla April 28, 2022 The world’s richest man, Elon Musk, has lost a bid to lift a screening process on his tweets about Tesla. The new owner of Twitter had agreed for his social media posts to be looked at by a lawyer in 2018, and sought to remove the oversight. The entrepreneur, who recently said the electric car [...]
Elon Musk blames ‘woke mind virus’ for making Netflix ‘unwatchable’ April 20, 2022 Elon Musk has slammed Netflix as "unwatchable" after shares tumbled by more than a third on news subscribers are jumping ship.
Twitter shares climb as investors back Elon Musk lawsuit over $44bn takeover July 13, 2022 Twitter’s shares climb over five per cent in early morning trading after news broke that the social media titan had officially sued Elon Musk to force him to follow through with his $44bn takeover. Last week the world’s richest man announced that he would be walking away from the mega deal, citing the Silicon Valley’s firm [...]
Elon Musk’s brain chip company accused of torturing monkeys February 16, 2022 Elon Musk’s brain chip company has denied claims that it is torturing monkeys for the futuristic technology – which the billionaire claims will enable quadriplegics to walk again. Neuralink aims to connect human brains to computers, and is hoping to begin human trials later this year. However, a US doctors’ group which partners which the [...]
Letters: Elon Musk getting musty December 9, 2021 [Re: Elon Musk calls for US govt to scrap EV subsidies, yesterday] Of course Elon Musk doesn’t care for subsidies. The cheapest Tesla car – the Model 3 – costs $38,000 and the Model X can be as pricey as $126,000. The proposed US subsidies – which will be in the region of $4,500 – [...]
Elon Musk sells $4bn in Tesla stock amid Twitter takeover April 29, 2022 Elon Musk has sold around $4bn (£3.2bn) worth of Tesla stock, a security filing has revealed, as the eccentric billionaire preps for his Twitter takeover. Musk, the man behind SpaceX, sold the shares over the past few days, adding in a tweet that he does not plan to sale any further shares. Tesla’s shares closed [...]
Elon Musk wants free speech on Twitter? Time to meet Nadine Dorries April 27, 2022 If Musk thought finding financing would be the most complicated part of the Twitter deal, he hasn’t met Nadine Dorries.